The importance of knowledge as a key source of competitive advantage is now well established in management studies, as suggested by the growing literature focusing…

Knowledge is collection of facts, ideas, learning’s and policies, practices and a lot more. Knowledge can also be defined as agreed- upon explicit or formal…

The conventional approach to strategy has emphasized setting goals and developing the means to achieve them by matching the resources of the firm (strengths and…

A firm can enjoy competitive advantage in several ways. For instance, a firm may gain competitive advantage because: The price of its product is lower. …

This now the unit has dealt with competitive strategy by emphasizing customers and their ultimate role in determining competitiveness by collectively choosing to buy the…

One standard definition of research and development states that research is an undirected basic science or a directed or applied science where development in research…

The selection of R&D projects is the most important of all the R&D management activities. Unless an R&D department is working on the right R&D…

In order to develop a R&D strategy, a R&D organization first must make sure that certain conditions are in place. There are seven prerequisites for…

Step 1. Belief that R&D Strategy solve Problems  Although the idea of developing a R&D strategy may be accepted, usually development of an R&D strategy…

Few R&D organizations in India have a R&D strategy or have established the conditions required for developing a R&D strategy. For example, few R&D organisations…